The DeFi dream is shattered.
I could get a 3.14% annualized yield on a top-tier exchange with virtually no risk.
Or I could risk 100% and earn 2.13%-3.5% on some of the "safest" DeFi protocols.
You can't even cover the risk now; the returns are simply not enough. You're just fooling yourself.
If I'm only after returns, why don't I just put all my stable assets on IBKR?
In fact, I've been gradually working on this for over a year, which is why I've had very little exposure to the Resolv hack. Even so, I still feel the risk is too high.
The only worthwhile yield to pursue in DeFi is liquidity for major/stable currency pairs within a specific range. Even then, you must ensure that the DEX platform you're using is secure.
"You really can earn 3.68453243213% on the BlorpCrypto wallet through circulating fluidUSDyxdGauntletUSDT-aUSDCvault."
Shut up, bro.